6/10/2014

START DATE

END DATE

7/22/2014

MFP-2000 LP v. Viking Capital Limited & Misa Investments Limited

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

The Court of Appeal for Bermuda

Commercial Law

Zacca P. Auld J.A. Baker J.A.

John Brisby QC Delroy Duncan

David Chivers QC Christian Luthi

FACTS OF THE CASE:

Dispute over entitlement to enforce a purchase of minority shares after majority shareholders transferred their shares post-notice

SUMMARY:

Interpretation and application of Section 103 of the Companies Act 1981

OUTCOMES:

Appeal dismissed in favour of Viking Capital and Misa Investments

RULED IN FAVOUR OF:

Defendant

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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